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Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Wall Street traders trim bets for December Fed rate cut on Powell’s caution
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Fed Chair Jerome Powell says no need to hurry rate cuts with strong economy
US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered ...
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
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Fed Chair Jerome Powell says no hurry to cut rates with economy strong
Several Fed officials have said they believe the fed funds rate remains in restrictive territory and favor moving gradually ...
Fed's Powell declines to say if he would remain after chair term expires
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board ...
Dollar Sits Atop One-Year Peak as Powell Sends Yields Up, Shares Hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell on Thursday said it was too soon to discuss how future fiscal policy could impact the ...
Fed Chair Jerome Powell says no need to 'hurry' rate cuts
While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...